- Companies
- Loft
Last Loft valuation
$2.9B
Series D · Apr 2021
Last Loft funding round
$100M
Undisclosed stage · Aug 2023
Cumulative funding Loft raised
$888M
across 6 funding rounds
Key investors in Loft
MONASHEES
Andreessen Horowitz
QED Investors
Fifth Wall
Thrive Capital
Citi Ventures
About Loft
Loft is a Brazilian proptech company founded in 2018 and headquartered in São Paulo. Digitizes real estate transactions across Latin America by combining data software and embedded fintech services. Partners with thousands of real estate brokerages to facilitate property listing financing insurance and rental management through an end-to-end digital workflow.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Commission, Services, Subscription
Valuation
$2.9B (Apr 2021)
Loft Valuation
Loft is currently valued at $2.9B, based on its Series D in April 2021.
The $100M round was led by Baillie Gifford.
Loft's valuation has grown 7.8x from $370M at its Series B in March 2019 to $2.9B in April 2021, across 3 priced rounds.
Loft valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2021 | Series D | $2.9B |
| Mar 2021 | Series D | $2.2B |
| Mar 2019 | Series B | $370M |
Loft Funding History
Loft has raised a total of $888M across 6 funding rounds.
Loft's first fundraising round was a $18M Series A in January 2018. The most recent completed round was a $100M undisclosed-stage round in August 2023.
Loft funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2023 | Undisclosed stage | Baillie Gifford; GIC; CPP Investments; QED Investors; Andreessen Horowitz; Altimeter; Fifth Wall; D1 Capital Partners; Citi Ventures; DST Global; Cercano Management; MONASHEES | $100M | - | Loft Orbital is a satellite infrastructure company that raised $170 million in Series C funding in January 2025 at a $1 billion valuation. Loft (the Brazilian proptech) raised $100 million in August 2023 in its Series E round, with total funding reaching $894.49 million across seven rounds. |
| Apr 2021 | Series D | Baillie Gifford (lead) | $100M | $2.9B | Loft is a Brazilian proptech platform positioning itself as the largest and fastest-growing real estate platform outside the US and China. The company operates a one-stop-shop for home buying and selling, leveraging data and automated valuation models to predict pricing and liquidity. The platform buys, renovates, and manages properties across São Paulo and Rio de Janeiro, partnering with 30,000 brokers and offering integrated insurance, renovation, and rental services. On April 22, 2021, Loft closed a $100 million Series D-2 extension round at a $2.9 billion post-money valuation, led by Baillie Gifford with participation from Tarsadia Capital, Flight Deck, Caffeinated Capital, and notable angel investors including founders from Better Mortgage, GoPuff, Instacart, Kavak, and Sweetgreen. This extension came one month after the company's $425 million Series D round in March 2021, which had valued the company at $2.2 billion, representing a $700 million valuation increase in weeks. The extension was driven by overwhelming investor interest and Baillie Gifford's higher minimum check size requirements. With this funding, Loft's total equity raised reached $800 million since its founding in 2018, supplemented by over $150 million in debt financing through publicly-listed real estate funds. The company demonstrated significant traction prior to the round, with more than a 10-15x increase in platform listings over the preceding year and position among the top 3 mortgage originators in Brazil within one year of launching its mortgage products in mid-2020. |
| Mar 2021 | Series D | D1 Capital Partners (lead) | $425M | $2.2B | Loft is a Brazilian digital real estate platform operating as a one-stop shop for buying, selling, and managing residential properties in markets like São Paulo and Rio de Janeiro, where no multiple listing service exists, making digitization particularly challenging. The company maintains over 15,000 property listings across approximately 130 regions, partners with more than 30,000 brokers, and has generated over 18,000 job opportunities in construction and real estate services. Loft has expanded into adjacent products like mortgages, becoming one of the top three mortgage originators in Brazil within a year of launch. On March 23, 2021, Loft closed a $425 million Series D funding round led by D1 Capital Partners, with participation from new and existing investors including Advent, Altimeter, DST, Silver Lake, Soros, Tarsadia, Tiger Global, Andreessen Horowitz, Caffeinated, Fifth Wall, Monashees, QED, and Vulcan. This round valued the company at $2.2 billion post-money, marking one of the largest venture rounds ever for a Brazilian startup and bringing total equity raised to around $700 million, plus over $100 million in debt financing through publicly listed real estate funds. The valuation represented a significant jump from its January 2020 Series C, when it was near unicorn status. At the time, Loft had grown its employee count from 450 to 700, with a strengthened tech team, emphasizing data and technology moats through relentless execution. Investors like D1 Capital highlighted the confluence of structural shifts in real estate and Loft's world-class management. This Series D was followed quickly by a $100 million Series D-2 extension in April 2021 at a $2.9 billion valuation, led by Baillie Gifford with other participants, pushing total equity to $800 million, but the specified March 2021 round matches the D1-led $425 million raise at $2.2 billion. Loft's backers also include high-profile angels like Max Levchin, Joe Lonsdale, Mike Krieger, and David Vélez of Nubank, alongside Brazil's Canary. The funding supported scaling operations in a competitive proptech landscape, positioning Loft as the largest and fastest-growing real estate platform outside the US and China. |
| Jan 2020 | Series C | Andreessen Horowitz (lead); Vulcan Capital (lead); QED Investors; Fifth Wall; Citi Ventures; Thrive Capital; Valor Capital Group; MONASHEES | $175M | - | Loft is a Brazilian digital real estate platform founded in 2018 that simplifies buying and selling residential properties using transaction data and machine learning for precise pricing, aiming to bring liquidity and transparency to Latin American markets suffering from data opacity and long transaction times. The company physically measures properties, estimates values, and plans to expand into a full-service marketplace including renovations, mortgages, and insurance. In early January 2020, Loft raised $175 million in a Series C round co-led by Andreessen Horowitz and Vulcan Capital, with participation from QED Investors, Fifth Wall Ventures, Thrive Capital, Valor Capital, Monashees, and others, bringing total funding to $275 million. This marked Vulcan Capital's first Latin American investment and Andreessen Horowitz's first in Brazil, following prior rounds including a $18 million Series A and $70 million Series B. The funds were allocated to expand from São Paulo into Rio de Janeiro in Q1 2020, Mexico City in Q2, and additional cities, alongside hiring key executives like a former UberEats operations director for Mexico. Loft demonstrated rapid growth, achieving over $150 million in annualized revenues in its first full year of 2019 through more than 1,000 property transactions, with 10x year-over-year growth. Employee headcount quadrupled from 100 to over 450 in 2019. Sources noted the round brought Loft closer to unicorn status or explicitly achieving a billion-dollar valuation, though the company declined to disclose the exact figure, per Wall Street Journal reporting. Loft's model involves buying, renovating, and reselling apartments, consuming capital quickly to fuel expansion, positioning it as a proptech leader in Latin America akin to U.S. platforms like Opendoor. Backers include angels like Max Levchin, Joe Lonsdale, Mike Krieger, and David Vélez. |
| Mar 2019 | Series B | Andreessen Horowitz (lead); Fifth Wall (lead); Hugo Barra; Canary; QED Investors; David Vélez; Mike Krieger; Thrive Capital; Valor Capital Group; Greyhound Capital; MONASHEES | $70M | $370M | - |
| Jan 2018 | Series A | MONASHEES (lead) | $18M | - | Loft is a Brazilian digital real estate platform that fundamentally reinvented residential property transactions by adopting a principal model where the company buys and sells properties directly rather than operating as a marketplace intermediary. Founded in 2018, the company conducts property valuations, performs inspections, handles renovations and design, and enables cash transactions, significantly streamlining the home buying and selling process. In July 2018, Loft closed its Series A funding round of $18 million with support from Monashees, Andreessen Horowitz, and prominent angel investors including Max Levchin, Eric Wu of OpenDoor, Joe Lonsdale, and David Vélez of Nubank. The company demonstrated early traction, generating over $150 million in annualized revenues during its first full year of operation and completing transactions on more than 1,000 properties in 2019. Loft subsequently raised $70 million in Series B funding in 2019, $175 million in Series C in January 2020, and by 2021 had achieved a $2.9 billion valuation following additional funding rounds. |
Who has invested in Loft?
20 investors have backed Loft across its funding rounds, including MONASHEES, Andreessen Horowitz, QED Investors, Fifth Wall, Thrive Capital and Citi Ventures.
Lead investors include Baillie Gifford, D1 Capital Partners, Andreessen Horowitz, Vulcan Capital, Fifth Wall and 1 other investor.
Loft Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2018 | ||
| 3 | Participant | Mar 2019 | ||
| 3 | Lead | Mar 2019 | ||
| 3 | Lead | Mar 2019 | ||
| 2 | Lead | Apr 2021 | ||
| 2 | Lead | Mar 2021 | ||
| 2 | Participant | Jan 2020 | ||
| 2 | Participant | Mar 2019 | ||
| 2 | Participant | Mar 2019 | ||
| 1 | Participant | Mar 2019 | ||
| 1 | Participant | Mar 2019 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Aug 2023 | ||
This data is available for Pro users. Sign up to see all 20 Loft investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Loft
Loft has acquired 8 companies to date.
Last acquisition by Loft was on March 18th 2022. Loft acquired Vista Software for undisclosed valuation.
Latest Acquisitions by Loft
| Description | Vista Software is a São Paulo-headquartered developer of enterprise management software for Brazilian SMBs. The company provides ERP modules for accounting, inventory, and CRM tailored to local tax regulations like NF-e. With thousands of installations nationwide, Vista Software maintains a network of resellers across South America. | 123i is a Brazil-based real estate agency selling apartments, houses, land, and commercial properties in regions including São Paulo and Rio de Janeiro. | TrueHome is a Mexico City-headquartered real estate brokerage handling end-to-end home sales with in-house legal and financing support. Clients receive transparent timelines for document preparation, appraisals, and mortgage approvals from partners like Banorte. Founded in 2017, TrueHome operates in Guadalajara and Monterrey, verifying titles through public registries to prevent disputes. | CrediHome is a Brazilian real estate platform offering property sales, home financing, mortgages, and insurance services. Operating nationwide from São Paulo, the company provides end-to-end support for homebuyers including valuation tools, loan approvals, and coverage options. CrediHome partners with banks and developers to simplify transactions in a competitive housing market. | |
| HQ Country | |||||
| HQ City | São José | - | Mexico City | São Paulo | |
| Deal Date | 18 Mar 2022 | 21 Dec 2021 | 3 Nov 2021 | 26 Aug 2021 | |
| Valuation | undisclosed | undisclosed | undisclosed | $569M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Loft acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by Loft
Loft has invested in 1 company to date.
Latest investment by Loft was on March 10th 2021. Loft invested in Nomah in their $9M Strategic investment round.
Latest Investments by Loft
| Description | - |
| HQ Country | |
| HQ City | - |
| Deal Date | 10 Mar 2021 |
| Round | Strategic investment |
| Raised | $9M |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Loft investments and their VC round multiples. Start Free Trial | |
Loft Competitors
Loft competitors include listed companies like CoStar Group and Porch Group, and private ones like HomeLight, Flyhomes, Qualia and Side.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $300M | - | $1.7B | 5.7x | ||
| Private | - | - | $800M | - | ||
| Publicly listed | $3.2B | $183M | $12B | 3.3x | ||
| Publicly listed | $510M | $79M | $1.8B | 4.1x | ||
| Private | $65M | - | $1.5B | 22.9x | ||
| Private | $30M | - | $2.5B | 83.3x |
Loft Public Comps
Loft is still privately-owned, but its public comps include Cushman & Wakefield, Multiplan, Onewo, ALLOS, Mivne Real Estate (K.D), Netwealth Group, Amot Investments, Newmark Group, Curbline Properties and TAG Immobilien.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $10B | $521M | 0.5x | 0.5x | 10.5x | 7.6x | |||
| $533M | $411M | 7.0x | 6.9x | 9.1x | 9.4x | |||
| $5.6B | $306M | 0.3x | 0.3x | 5.1x | 5.0x | |||
| $556M | $403M | 6.4x | 6.2x | 8.8x | 8.4x | |||
| $485M | $345M | 11.7x | - | 16.5x | - | |||
| $278M | $139M | 11.5x | 11.0x | 23.0x | 22.6x | |||
| $393M | $354M | 16.3x | - | 18.2x | - | |||
| $3.3B | $416M | 1.5x | 1.3x | 11.6x | 7.5x | |||
This data is available for Pro users. Sign up to see all Loft competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Loft
| When was Loft founded? | Loft was founded in 2018. |
| Where is Loft headquartered? | Loft is headquartered in São Paulo, Brazil. |
| Is Loft publicly listed? | No, Loft is a private, VC-backed company. |
| What is Loft's valuation? | Loft was last valued at $2.9B in its Series D in April 2021. |
| How much funding has Loft raised? | Loft has raised $888M across 6 funding rounds. |
| What was Loft's last funding round? | Loft's last funding round was a $100M undisclosed-stage round in August 2023. |
| Who are Loft's investors? | Loft's investors include MONASHEES, QED Investors, Andreessen Horowitz, Fifth Wall, Baillie Gifford, D1 Capital Partners, Citi Ventures, Thrive Capital, Valor Capital Group, Hugo Barra and 10 others. |
| Which companies are comparable to Loft? | Companies comparable to Loft include HomeLight, Flyhomes, CoStar Group, Porch Group, Qualia and Side. |
| How many companies has Loft acquired? | Loft has acquired 8 companies, including Vista Software, 123i, TrueHome, CrediHome and CredPago. |
| What was the largest acquisition by Loft? | The $569M acquisition of CrediHome in August 2021 is the largest acquisition Loft has made to date. |
| How many companies has Loft invested in? | Loft has invested in 1 company, including Nomah. |
| What was Loft's last investment? | In March 2021, Loft invested in Nomah's $9M strategic investment round. |
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